Nov 16, 2023 · We find that in absence of the policy target, the profit maximizing firm invests too late in the right amount from a total surplus perspective.

Abstract. International environmental agreements translate in environmental policy targets for individual coun- tries. To reach these targets, ...

From the policy maker's perspective, a target adjustment affects the regulator's subsidy policy, which could decrease the possibility of reaching the target, ...

This paper studies the effect of a subsidy on the probability of reaching a policy target and on the resulting welfare. The subsidy in the form of a fixed price ...

Bigerna, Simona & Hagspiel, Verena & Kort, Peter M. & Wen, Xingang, 2023. "How damaging are environmental policy targets in terms of welfare?," Other ...

The evidence suggests that well-designed environmental policies do not have large negative effects on the economy. The policies can however generate winners and ...

Dec 21, 2019 · However, the effects of environmental regulation still have problems of regulatory objects and regional imbalances, large differences in ...

In sum, the evidence indicates that environmental regulation has both negative, short-term impacts on productivity in some sectors and for some pollutants and ...

Sep 7, 2023 · Biden's EJ agenda diverts spending and administrative resources away from traditional environmental priorities—such as reducing air and water ...

Moreover, in some cases, institutional quality enhanced environmental degradation by escalating carbon emissions, rising energy consumption, and increasing ...